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The 740-acre Rolling Hills Ranch farm at 178 Sunny Gap Road in Conway sold for $4.2 million at auction this week, Wilson Real Estate Auctioneers Inc. announced Tuesday.
Rogers Group Inc. was the winning bidder of 175 bidders. The seller was Rolling Hills Ranch LLC.
For a half hour, the property was offered in six smaller tracts and bids were taken on those. Then the property was offered in its entirety, with the starting bid being $1.6 million.
WREA Agent Peter Guerin said in a news release that the final bid “far exceeded the family’s expectations.”